Yesterday, my FCPA Blog colleague, Dick Cassin, posted Memo to law schools: The world needs compliance officers, in which he implored law schools to train J.D. candidates in compliance. He also noted that while a few schools teach the FCPA and white collar courses, compliance is not taught in law schools.
A Dhaka court Monday acquitted all the seven defendants accused of taking bribes from Canandian engineering and construction giant SNC-Lavalin in connection with the Padma Bridge Project.
Chinese private equity firm Nepoch Capital has cut connections with its co-founder He Jintao, son of the communist party’s former discipline chief He Guoqiang, after the princeling was said to be implicated in a corruption investigation, sources told Reuters.
Law-related employment for grads from American law schools isn't exactly robust. In 2013, the ABA Journal said, only 57 percent of the that year's JDs had full-time bar-passage-required jobs. At the same time, the world seems to have an insatiable appetite for compliance officers. That sounds like an opportunity.
As the FCPA Blog reported last week, DOJ criminal division chief Leslie Caldwell recently gave an important talk at Duke Law School in which she laid out her vision of the Foreign Corrupt Practices Act. Her vision is compelling, and important, in so many ways. I rise in defense of one of them.
More than 500 Chinese courts have joined Alibaba Group’s popular online shopping platform Taobao to sell confiscated assets of corrupt officials.
Even the most ardent Francophile, as I most assuredly am, must be dismayed by France’s abysmal record of bribery prosecutions. Recent OECD Anti-Bribery Convention Working Group reports reveal France’s inexorable zero. While France has contributed significantly to the global anti-corruption regime through its part in seizing Obiang family assets as well as referring evidence in the KBR cases to the U.S., nevertheless when it comes to prosecuting its own French based multinationals, France is failing.
Layne Christensen Company, a Texas-based water management, construction, and drilling firm, paid just over $5 million Monday to resolve FCPA charges brought by the SEC for bribes in a half dozen Africa countries to reduce taxes and speed up customs inspections and work permits.